Robert, your analsysis may be right,but it would be hard to move a stock around so much if it was fundamentally undervalued. The problem with all the ADSL stocks is that only one has any sustained earnings,PAIR. All the others can be dropped to half their value raised to double their value and thoroughly shook around due to the underlying fundamentals of lack of earnings,and only news driving the stocks currently.The problem might really lie,if lets say,a new technology comes to the forefront,and ADSL becomes a background technology. Then where will AMTX,AWRE,WSTL, etc.. sell at? Lets say LMDS/HFC replaces ADSL as the next current star,or VDSL,what happens to the ADSL stocks? Actually LMDS is looking pretty good to me,no need for infrastructure upgrades.
Hiram |
